Amarin is the pharmaceutical company that makes the pill. Patients who have fish or shell fish issues are advised to be careful. More information below. BD

From the website:“Amarin Corporation plc is a biopharmaceutical company focused on the commercialization and development of therapeutics to improve cardiovascular health. Amarin's product development program leverages its extensive experience in lipid science and the potential therapeutic benefits of polyunsaturated fatty acids. Vascepa™ (icosapent ethyl) capsules is Amarin's first FDA approved product. Vascepa is a patented, ultra-pure omega-3 fatty acid, comprising not less than 96% EPA (icosapent ethyl) in a capsule.”

The Food and Drug Administration (FDA) has approved a new prescription fish oil formulation (Vascepa) for the treatment of high levels of triglycerides (TG). The drug is indicated as an adjunct to diet in adult patients with severe hypertriglyceridemia (TG > 500 mg/dL) who are at risk for stroke and heart attack. This is the second prescription fish oil pill to receive FDA clearance.

Meanwhile, the REDUCE-IT (Reduction of Cardiovascular Events with EPA – Intervention Trial) trial, which is currently underway, is looking to evaluate the efficacy of Vascepa when given in addition to a statin in reducing major cardiovascular events in a high-risk population.

Dark Arts of Mathemical Deception

Professor Charlie Siefe of NYU, a mathematician debunks clinical trials, and few other items to where data is spun and fools you, every day example, hear about the perfect butt algorithm and more. These are probably some things you have never thought about but again after listening to what he has to say, it’s time to think about being skeptical. Here’s a radio show that also talks about the same topics.

This video digs in a bit further with how fictitious business models are used by banks and companies do this too. The models are so complex that CEOs don’t even understand them. “Quants, The Alchemists of Wall Street will take you through how “math models” work at banks and financial institutions in a way that even the layman can understand. More videos like over at theAlgo Duping/Killer Algorithm Page. Bank of America will also tell you“IT’ is a business” how they make money.

Weapons of Math Destruction

This is a lecture where Kathy O’Neill, a former Quant who worked for a Hedge Fund (Weapons of Math Destruction) on Wall Street will tell you what is done with your retirement money and more. The banks and companies use technology to take advantage because they can. “Of course we are going to take advantage because our tools are our brains…if they could figure out a way to take advantage of pension funds they would, a good interview with explaining smart money and dumb money.

Algorithms Shape The World

This is a very good presentation done a TED Conference and really was the one that got everyone started thinking about algorithms and today it’s talked about a lot. As he says “if you’re an algorithm, life is looking pretty good, but can’t say the same for humans”. What is a black box? Nobody has any control over the flash crash. We have moved forward a bit but still we are writing the unreadable and lost the sense of some of what is happening. Nice plug for Nanex here with research.